Eastern Asia: Safety Razor Blade Market 2024

Safety Razor Blade Market Size in Eastern Asia

The East Asian safety razor blade market shrank to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Safety Razor Blade Production in Eastern Asia

In value terms, safety razor blade production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Safety Razor Blade Exports

Exports in Eastern Asia

In 2022, overseas shipments of safety razor blades decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then shrank in the following year.

In value terms, safety razor blade exports dropped markedly to $X in 2022. Overall, exports showed a deep slump. The growth pace was the most rapid in 2015 with an increase of X%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

China dominates exports structure, resulting at X units, which was approx. X% of total exports in 2022. It was distantly followed by South Korea (X units), mixing up a X% share of total exports. Hong Kong SAR (X units) and Japan (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the safety razor blades exports, with a CAGR of X% from 2012 to 2022. Japan (X%), South Korea (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total exports, while Japan, South Korea and Hong Kong SAR saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, China ($X), South Korea ($X) and Hong Kong SAR ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. These countries were followed by Japan, which accounted for a further X%.

Japan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, waning by X% against the previous year. In general, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per unit), while China (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Safety Razor Blade Imports

Imports in Eastern Asia

In 2022, supplies from abroad of safety razor blades decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports saw a noticeable descent. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, safety razor blade imports declined significantly to $X in 2022. Overall, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China was the largest importer of safety razor blades in Eastern Asia, with the volume of imports recording X units, which was approx. X% of total imports in 2022. It was distantly followed by Japan (X units), South Korea (X units) and Hong Kong SAR (X units), together making up a X% share of total imports.

China was also the fastest-growing in terms of the safety razor blades imports, with a CAGR of X% from 2012 to 2022. At the same time, South Korea (X%) displayed positive paces of growth. By contrast, Japan (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) and South Korea (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Hong Kong SAR (X p.p.) and Japan (X p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported safety razor blades in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%. In the other countries, the average annual rates were as follows: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the import price, however, saw a perceptible slump. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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